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Title: International petroleum transactions

Book ·
OSTI ID:54350

This book is intended primarily as a casebook for students. However, it should not be discarded on these grounds because if compiles important materials that are useful to practitioners as their energy practices become global. The opening chapter is broad in scope and discusses NAFTA, GATT, the EC, and provides comprehensive and current statistical information on world energy resources and the pivotal role of host countries. Legal issues are analyzed in Chapter 2 which provides an excellent discussion of sovereign immunity and the act of state doctrine. Also, this chapter includes model clauses which are helpful even to a seasoned practitioner. Given that security of investment is critical to an international transaction, the book concludes its opening section with a discussion of expropriation issues. Part II is entitled Exploration, development and Production and is divided into four chapters. Using both cases and source materials, a comprehensive survey of ownership of mineral rights and concessions is presented. From a practitioner`s standpoint, Chapters 5 and 6 are important because of the inclusion of model clauses and contracts for production sharing arrangements, licenses, participation agreements, service contracts, and technology transfers. Chapter 8 deals with joint development and operations. The book concludes with three chapters on the history of the markets and international transactions involving oil and natural gas.

OSTI ID:
54350
Resource Relation:
Other Information: DN: From review by William A. Mogel, in Energy Law Journal, Vol. 15, No. 2 (1994); PBD: 1993
Country of Publication:
United States
Language:
English

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